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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: Secret_Agent_Man who wrote (9658)5/30/1998 10:19:00 AM
From: chirodoc  Read Replies (1) | Respond to of 50264
 
<<<<<my sentiment is as high as ever and i know the fundamentals have not
changed so??????????

...in a protracted drop of a stock go back and analyze buy sell patterns. you will see sellers overwhelm buyers--offering and accepting lower and lower prices.

......right now there are many people who are getting out of the market because they are scared about the following:
1. asia could blow up (literally and figuratively)--this will lead to less spending because of depreciating currencies, etc.
2. we are probably in the midst of a rolling correction--why not bail now and buy in later at a lower price.
3. if you know a correction is imminenet (high p/e market + lower earnings) and you got in around $1-2 sell and lock in profits.
4. big telcos could get into this market in 1-2 years.

i am long DGIV and plan to add to my position over the next 4 months.

Byron, about a month ago i warned everyone that the renewed dangers in HK, japan, indonesia, etc. would bring DGIV down. i turned out to be right even though you and a lot of the regulars criticized my analysis.

i have not sold a share as i am not a trader, but i expected this and plan to add to my position over the next 4 months assuming the drop continues.

curtis



To: Secret_Agent_Man who wrote (9658)6/1/1998 4:07:00 PM
From: LAWRENCE C.  Read Replies (2) | Respond to of 50264
 
Actually the fundamentals have been improving: new contracts have been added.
Lucky Lawrence